Goodluck
USD/CAD , you have to be risky for a biscuitHi traders , the hard trade , to complicate for me but i will risk it when the market opens and be like snake to every forex floor ,
-->weekly : above MA200 uptrend obviously
-->daily: above MA200 but its a candle they call it Shooting Star but i am not sure if it is , maybe a Master help us ;)
(i see shooting star because the upper shadow is 2 times the body of the candle)
my signal for that is SELL.
--> the H4 is Hanging Man so for me is more sell signal
but in the H1 we see a strong bullish candle , so we wait the confirmation , i need one more candle to tell me that is ...SELL!
Resistance : 1.31468
Support: 1.29915
we aim for that support , but still is to risky for me .
We aim for Monday , the usd will fall from the sky 100% .
Stay Tuned , The Master
In 5 years from now, if you want to, you can be rich!Hello Crypto fans,
if i try to see the future, i often visit the past.
Bitcoin is now better in the fundamentals, but the big boys wanted the best price for there market entry!
If we take the same percentage in a log chart, you see that we could go down to more or less 3.000 USD, but after that point we go up 3 years and make a 100x of our investment!
That´s incomparable with any other investment possibility in the world!
Sure, some alts will follow... but this analysis is about Bitcoin because, its the grand father :)
I have draw a green alternative line, where i would say it´s also likely, i tell you why:
In the past, there was really much less people, companies and business models for the world of crypto out there.
Now crypto is a "big thing" compared to 2013/2014.
So its possible that we get the bullrun faster, and the actually drop lower then in the past.
100.000 USD is also a massive physiological mark, a good time to sell a little of your stack!
In my opinion the best way would be to put money in steps in the market and then just HODL.
Tell me what you think about this scenario.
Iám really excited to see this chart again in 2019, 2020 and 2022 :)
Which you all good luck!
off-topic: what do you think of this shirt, maybe we'll wear it all before the next bull run :-D
www.redbubble.com
PFF overbought going into Fed MeetingPFF is a dogshit, overvalued, poorly managed, preferred stock fund. People have been buying it up going into an obvious rate hike on June 13th... Something like a 12 day winning streak.. Y'all know this is fixed income, right? Bagholders about to get dicked on. Lucky for y'all this is fixed income, and volatility is minimal
I'm not sure why everyone is so bearish, !H&SLooks like a very clean inverse Head & Shoulders pattern, i'm not quite sure how everyone is so bearish out there.
Notice how RSI is at the same point where Left Shoulder & the Head was before it kicked...
Disclaimer: not professional, i'm publishing this because i haven't seen anyone publishing this idea, i hope someone better builds on it :)
Rising BottomThe chart looks to format a rising triple bottom this means that results from the daily low price rising over time, creating a series of ascending troughs. Technical traders use this pattern to confirm that the trend of the underlying security is heading upward.
In this scenario i find a good entry level between 9000-9500$
Fisrt Target at 10000$
Second Target at 10400$
Third Target at 11200$
Stop Loss at 8800
Prepare for the final drop of bear season :) BTCHello all again and welcome to the show! It's been an interesting week, I've made a few short term calls, played out terribly i admit, however one thing has remained on point so far... the longer BTC movement. I've been fortunate enough to call it accurately thus far (check out how it plays against my old posts, scary...) but it doesn't mean I'm going to get it right this time, so keep that in mind. It is of my strong opinion we will see BTC reach the red star of impending doom and explode in to the final death throws of the bear market. Settling down around the low-mid 8k's. (8150-8350 is my guess). That death star is at +10850, so as it approaches these numbers, which it's doing, be VERY reactive. This is freaking excellent, for those of you who have read and taken on board what i have to offer, thank you for reading and good luck, to everyone else... Good luck also (we all need it). May the trend be with you ;)
Polar Bears and DJIGlobal warming sucks, this is the story of the DOW Jones and the S&P 500's trip to the Arctic Circle
Shortly after mommy and daddy paid off their overloaded credit cards DJI and his girl S&P fled north to the Arctic Circle in hopes of escaping the treacherous heat stirred by global warming. After arriving at the Arctic Circle, DJI and S&P set up camp, a luxurious velvet tent next to a hot fire. They decided to spice up the night and entered the tent to amuse themselves. Hours passed, the fire came to a simmer, the moon was at its highest, the temp in the tent rose considerably... and right around climax... a tall and dark shadowy figure appeared at the foot of their tent. Excited after a good long night DJI decided to greet the new neighbor. Unzipping the entrance to their tent, the silence stopped, a howling gust of cold wind swept into the velvet lined tent simultaneously ending the fire outside; exacerbated by the moon light, DJI looked up at a tall, 990 pound frame of a beautifully white cloaked figure. Just as the figure rose its arm for what DJI thought was a handshake, DJI thought, "wow where did he get that fur coat, I need to get me one of those!?"
Long term bearish divergence: incoming double Top RSI, RVI, rising prices, and declining volume. Would've included 12 M S&P but not enough data. Its gonna be a long winter.
Cheers!
XVGBTC hits 61.80% Retracement level - Opportunity to buyIn the cryptocurrency world where speculation is king, technical analysis most of the time is our best friend.
Here is a simple scenario where XVGBTC touched the 61.80% retracement level, possibly a big resistance. A nice opportunity to enter, aiming to the 161.80% extension level.
(You can set up stop loss a few points below 78.60% level - where I find this optional, specially in these crypto markets).